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Elisabeth Murdoch could soon have a new title: CEO of News Corporation.

According to the Guardian, Rupert's daughter is "emerging as the strongest family contender to take over at the helm of her father's empire after reports that she had pushed for Rebekah Brooks's resignation against the wishes of her brothers James and Lachlan last week."

The 42 year old, who threw a party just a day before the phone-hacking scandal exploded, is placing herself as the moral compass of the company that has gone off the rails.